Appraiser File Data $$$$$

[Sandra Koutsopoulos]

Nobody wants your MV from 3 years ago. They want physical property characteristics, which are not confidential.

Besides who would sue and how would they prove anything?

The posting says, "...your old records could be worth $millions..." so apparently there is some life in the OLD info for somebody.

 

[Vermonter]

The posting says, "...your old records could be worth $millions..." so apparently there is some life in the OLD info for somebody.

"Records" not "appraisal reports"

 

[Sandra Koutsopoulos]

"Records" not "appraisal reports"

I did not say "appraisal reports", neither did the ad.

 

[glenn walker]

The posting says, "...your old records could be worth $millions..." so apparently there is some life in the OLD info for

Temu Attorney's-- geez read USPAP it covers client confidentiality not what the clients or other parties can do with your data. The GSEs and Money Center Banks strip your data everytime a reports delivered.

 

[chad hampton]

It’s Not just the value that’s good for 1 day. Property characteristics aren’t good for much longer than that either. They’re making a big deal about worthless data. My last home appraisal was about 10 years ago, since then I’ve put in a pool, fence, renovated a kitchen, new appliances, new hvac, renovated 1 upstairs bathroom, new flooring and baseboards through home, added irrigation, new paint, etc. just off the top of my head.

Let them sell all the “data” they want. It’s junk. Buyer beware

 

[Vermonter]

Let them sell all the “data” they want. It’s junk. Buyer beware

Exactly. Anybody wants to pay for mine I'd spin up an agent to redact all confidential data and sell out like Reel Big Fish.

 

[Joyce Potts]

I am not an attorney but I am a Certified appraiser. Selling my “information”, AKA my appraisal files, is a clear violation of USPAP. Any money I get will be lost in the lawsuit.

Yet, your client and/or AMC is able to profit handsomely off your data. In fact, they take it to develop products that directly compete with your appraisal business and drive down appraisal fees. Appraisers, if they're smart, will form a group who will take back the ownership rights to their data. And spare me the DW argument that facts are facts and cannot be copyrighted. This is NOT a copyright issue, per se. That said, you can copyright your compilation, analyses and value opinion. Except when you sign the GSE certifications and give away your rights.

The only big difference between the article linked below is that selling the GPS coords to competitors doesn't seem to be an issue. But who's to say someone with that data isn't selling the coords to competitor fisherman for the lobster honey holes?

How a lobsterman's privacy fight reached SCOTUS — and could ripple far beyond the water: 'Ain't over yet'

Frank Thompson calls GPS tracking on his lobster boat a 24/7 "ankle bracelet" after the Supreme Court declined to hear his Fourth Amendment case.

www.foxnews.com

What's even more interesting are the other cases being handled by this non-profit foundation. Here's your best opportunity to get at the crux of the appraisal data and confidentiality debate:

Home

PLF is the oldest and most successful public interest legal organization that fights for limited government, property rights & individual rights.

pacificlegal.org

Argue on.

 

[Non Sequitur]

Home inspectors are facing the same issues. Think it's a coincidence Regorra also developed software for home inspectors and are letting them use it for free?

Crazy.

 

[George Hatch]

The picture you took or the diagram you drew up is your own work. You didn't extract it from some other data source.

 

[cashcatz]

I've looked into this, I don't believe they ever actually bought appraiser data. They seem to be spraying and praying across multiple industries and just dynamically substituting the industry name for whoever is viewing the ad (something you can do with Facebook ads). Basically some AI company has stupid amounts of VC money was told to incinerate cash by investors to see what they could drag up, let the lawyers deal with the aftermath.